Market Turmoil: Stocks to Watch in the Computer Software and Services Industry
The computer software and services industry is facing a tumultuous trading day, with one out of three major indices trading up. The Dow Jones Industrial Average is down 39 points (-0.2%) at 17,830 as of Wednesday, Feb. 11, 2015, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,242 issues advancing vs. 1,726 declining with 181 unchanged. Amidst this market volatility, three stocks in the computer software and services industry are causing concern: Marketo, Inc., Thomson Reuters Corporation, and SAP SE.
Key Takeaways:
- Marketo, Inc. (MKTO) is down $5.82 (-16.5%) to $29.56 on heavy volume, with 1.5 million shares exchanged hands as compared to its average daily volume of 251,400 shares.
- Thomson Reuters Corporation (TRI) is down $1.40 (-3.5%) to $38.19 on heavy volume, with 1.0 million shares exchanged hands as compared to its average daily volume of 749,400 shares.
- SAP SE (SAP) is down $0.45 (-0.7%) to $66.88 on light volume, with 422,897 shares exchanged hands as compared to its average daily volume of 1.2 million shares.
- Marketo, Inc. has a market cap of $1.4 billion and is part of the technology sector, with 5 analysts rating it a buy, no analysts rating it a sell, and 1 rating it a hold.
- Thomson Reuters Corporation has a market cap of $31.8 billion and is part of the services sector, with 3 analysts rating it a buy, no analysts rating it a sell, and 9 rating it a hold.
- SAP SE has a market cap of $79.2 billion and is part of the technology sector, with 4 analysts rating it a buy, no analysts rating it a sell, and 9 rating it a hold.
- TheStreet Ratings rate Marketo as a sell, Thomson Reuters as a hold, and SAP SE as a buy.
Statistics:
- Market value of Marketo, Inc.: $1.4 billion
- Market value of Thomson Reuters Corporation: $31.8 billion
- Market value of SAP SE: $79.2 billion
- 5 analysts rate Marketo a buy, no analysts rate it a sell, and 1 rating it a hold
- 3 analysts rate Thomson Reuters a buy, no analysts rate it a sell, and 9 rating it a hold
- 4 analysts rate SAP SE a buy, no analysts rate it a sell, and 9 rating it a hold
- Trading volume of Marketo: 1.5 million shares (compared to average daily volume of 251,400 shares)
- Trading volume of Thomson Reuters: 1.0 million shares (compared to average daily volume of 749,400 shares)
- Trading volume of SAP SE: 422,897 shares (compared to average daily volume of 1.2 million shares)
Sources:
- TheStreet Ratings report for Marketo, Inc.
- TheStreet Ratings report for Thomson Reuters Corporation
- TheStreet Ratings report for SAP SE
- Quote for Marketo, Inc.
- Quote for Thomson Reuters Corporation
- Quote for SAP SE